“The numbers are good news for the federal budget, a sign that the Fed has been successful in protecting taxpayers as it intervenes in the economy, though there remains a risk of significant losses in the future if the Fed sells some of its investments or loses money on its stakes in bailed-out firms.”
Fed Earned $45 Billion in 2009
Previous post: On Foreign Policy, Obama's Next Three Years
Next post: Obama Plans to Raise $120 Billion From Banking Fees, Refund TARP